CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

**China, US to Hold Economic and Trade Negotiations in South Korea May 12-13** On May 10, a reporter asked about recent reports of upcoming China-US trade talks. The Chinese Ministry of Commerce responded that, as agreed by both sides, He Lifeng—CPC Central Committee Politburo member and Chinese Vice Premier—will lead a delegation to hold economic and trade negotiations with the US in South Korea from May 12 to 13. The two sides will discuss trade issues of mutual concern, guided by consensus from previous leader-level meetings and important phone calls between the two countries. (Source: Chinese Ministry of Commerce)

On May 10, U.S. President Donald Trump said, "I didn't say the hostile actions against Iran have ended, but I did say they have been defeated." (Source: FX168)

May 10 — Per Onchain Lens monitoring, a crypto whale swapped 40 BTC (≈$3.23M) for 1,384.6 ETH via Thorchain, then transferred the assets using Tornado Cash.

On May 10, Saudi Arabian Oil Company (Saudi Aramco) President and CEO Amin Nasser said global oil supply has fallen by approximately 1 billion barrels over the past two months. In an interview with media that day, Nasser noted that even if energy flows return to normal, the system will still need time to stabilize. Saudi Aramco emphasized that its East-West Pipeline is a vital supply artery, helping mitigate global energy shocks and offering assurance to customers impacted by shipping restrictions in the Strait of Hormuz. (FX168)

May 10th After a relatively stable weekend, Bitcoin’s price trended higher, steering clear of a drop back below $80,000. However, it failed to hold gains after rising to nearly $83,000 midweek—and traders are reiterating that BTC needs to retest its support level. Notably, the “Bull Market Support Band” (two moving averages below $80,000) is drawing attention. Analyst Cryptic Trades noted: “On lower timeframes, following a rejection at the higher-timeframe resistance zone, I think a short-term retracement to the 2-day bull market support band— a key reversal zone over the past few months— is the most likely outcome.” He added: “As long as price holds above this band and the broader higher-timeframe support zone (around $75,000), further upside remains the base case.” Trader Daan Crypto Trades agrees, labeling the initial support band breakout as a “messy breakout.” Turning to inflation: Ahead of next week’s fresh U.S. inflation data release, trader Killa warned BTC’s strong pri

On May 10th, Iranian state media reported that Iran’s response to the U.S. proposal centers on ending all-out war—especially in Lebanon. (Forex)